Thursday, October 19, 2017 Useful Resources for Industrial Technology Enthusiasts!

   Get Smart - Jim Pinto's Connections for Growth & Success
  Big Companies have Serious Disadvantages
Issue # 320 (November 20, 2013)
  • Human Population Explosion
  • Book - Computation for Humanity
  • Growth of Virtual Currency - Bitcoin
  • Perry Marshall Book - 80/20 Sales & Marketing
  • Perry Marshall & Jim Pinto Webinar - December 18, 2013

    Keeping an Eye on Technology Futures
    No Hidden Agendas
    New Attitudes
    No Platitudes
    Big Companies have Serious Disadvantages
    by Jim Pinto



    Getting bigger has not helped most big companies. Indeed, size inhibits growth. In the new economy, some of the biggest companies are ailing and failing.

    Bigger doesn't make a company better at serving customers. Bigger isn't more rewarding to work for. Bigger doesn't attract investment.

    Big companies are hierarchical, self-reinforcing and organized to minimize new threats to the existing order. Big-company management is focused inward, and resources are directed towards preserving past successes, rather than future opportunities.

    Evidence shows that there are significant limitations to sheer size. High-performance businesses are very rarely the biggest. With today's technology acceleration, information is the basis of competitive advantage. Strategy and execution must be organized around information, using it to gain unique market insight that can rapidly be turned into products and services. In the new information economy, the relationship between strategy and agility attains great importance; most big companies just cannot be agile.

    New products and services can obsolete the old frighteningly fast. High-performance companies can achieve success by focus on the rapid development of innovative new products and services for global markets. Today, that kind of high performance usually comes from relatively small companies.



    Cheers,

    Jim Pinto
    jim@jimpinto.com
    San Diego, CA. USA




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    I like to e-hear from you and will ALWAYS respond. Please e-send your news, views and stews, your tips and alerts. If smell something fishy in your pond, please e-let Jim know and I'll check it out.
    If you have comments or suggestions for Growth & Success News, please contact me directly at : Jim@JimPinto.com


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